Cohu to Acquire Xcerra Creating Global Leader in Back-end Semiconductor Equipment

POWAY, Calif., & NORWOOD, Mass.--( BUSINESS WIRE)--Cohu, Inc. (NASDAQ:COHU) and Xcerra Corporation (NASDAQ:XCRA) today announced they have entered into a definitive merger agreement pursuant to which Cohu will acquire Xcerra for a combination of cash and stock. The acquisition is expected to make Cohu a global leader in semiconductor test, with combined sales for Cohu and Xcerra in excess of $800 million for the last twelve months.